| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Best |
| Demographics | 81st | Best |
| Amenities | 80th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 108 High Rock Ave, Saratoga Springs, NY, 12866, US |
| Region / Metro | Saratoga Springs |
| Year of Construction | 1981 |
| Units | 45 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
108 High Rock Ave Saratoga Springs Multifamily Investment
Neighborhood renter-occupied housing is elevated and helps support demand, while occupancy trends are mixed locally, according to WDSuite’s CRE market data. This can favor steady leasing for well-managed assets that compete on quality and convenience rather than concessions.
Saratoga Springs — Inner Suburb — ranks 1st of 295 metro neighborhoods (A+) in the Albany–Schenectady–Troy region, reflecting strong fundamentals and amenity depth based on CRE market data from WDSuite. Dining and daily-needs access are clear strengths: restaurants and cafes are competitive among metro peers (both top-10 of 295), and grocery and park access land in the top quartile nationally. Pharmacy options are limited within the neighborhood, so residents may rely on nearby districts for prescriptions.
Schools trend favorable for families, with the average rating in the top quartile nationally and ranking 8th of 295 across the metro. The renter-occupied share is high (above the 90th percentile nationally), signaling a deep tenant base and reinforcing multifamily demand. By comparison, the neighborhood’s occupancy level sits below the metro median, so properties that differentiate through operations, finishes, and service typically capture outperformance rather than relying solely on market lift.
Within a 3-mile radius, demographics point to modest population growth and a faster increase in households, expanding the prospective renter pool and supporting occupancy stability. Income levels have been trending higher, which can aid rent collections and retention, while smaller average household sizes suggest continued demand for apartment units over larger ownership options.
Home values are elevated and the value-to-income ratio sits in the upper 90th percentile nationally, indicating a high-cost ownership market. For investors, this typically sustains reliance on rental housing and can support pricing power and lease-up velocity. The property’s 1981 vintage is newer than the neighborhood’s average building age (1974), which can be competitive versus older stock, though investors should still plan for targeted system upgrades and modernization as part of capital planning.
Comparable metro crime metrics for this neighborhood are not available in the current WDSuite release. Investors typically benchmark property performance against city and metro sources and supplement with municipal reports and landlord experience to understand on-the-ground conditions. Where data are available, emphasize multi-year trend direction and neighborhood-versus-metro comparisons rather than block-level claims.
Regional healthcare distribution and technology offices help support a diversified renter base and manageable commute sheds, which can bolster leasing stability and retention.
- McKesson — healthcare distribution (17.8 miles)
- IBM — technology & services (30.2 miles)
108 High Rock Ave benefits from a top-ranked neighborhood with dense amenities, strong school positioning, and a renter-heavy housing stock that supports depth of demand. According to CRE market data from WDSuite, neighborhood occupancy trails the metro median, so execution matters: assets that present well and align with daily-needs convenience tend to capture a larger share of leasing activity. Elevated home values and a high value-to-income environment reinforce reliance on multifamily, aiding pricing power and lease retention.
The 1981 vintage is slightly newer than the area’s average stock, offering relative competitiveness versus older buildings while still warranting targeted system updates and modernization to sustain performance. Household growth within a 3-mile radius and rising incomes expand the prospective renter pool, supporting stable demand through the cycle.
- Renter-heavy neighborhood supports a deeper tenant base and steadier leasing
- Amenity-rich location and strong school ratings enhance retention and rentability
- 1981 vintage offers competitive positioning versus older stock with value-add via selective upgrades
- Risks: neighborhood occupancy below metro median and limited pharmacy access; resilient operations and marketing are important